Daily Market Wrap: September 6, 2012 Thursday, September 6, 4:03 PM ET
Some hopeful signs for the economy, including a better than expected jobless claims report, sent stocks higher today as did remarks by ECB President Mario Draghi.
The number of Americans filing for unemployment benefits dropped 12,000 last week, to a seasonally adjusted 365,000, according to the Labor Department.
Meanwhile, the four-week moving average for new claims ticked up to 371,000.
The Institute for Supply Management's non-manufacturing report showed that the pace of growth in the services sector rose to 53.7 in August. That reading was better than economists expected.
The ADP employment report indicates that 201,000 private sector jobs were added in August, while far exceeded the expectation of 145,000 new jobs.
Meanwhile, the number of planned layoffs hit a 20-month low in August, as employers announced 32,239 planned job cuts last month, according to Challenger Gray and Christmas.
Tomorrow, we'll take a look at the all important monthly government jobs report as well as earnings from Kroger (NYSE:
For Marketnewsvideo.com, I'm Sayoko Murase.
Thursday Sector Laggards: Metals & Mining, Shipping Stocks
Related symbols: SND, HCLP, LPG, SB
Thursday Sector Leaders: Textiles, Agriculture & Farm Products
Related symbols: KGJI, FOSL, UAN, AGRO
Wednesday Sector Laggards: Railroads, Trucking Stocks
Related symbols: CSX, NSC, CVTI, CGI
Thursday's ETF with Unusual Volume: IPW
Related symbols: IPW, MEG.CA, CVE.CA, PD.CA
Thursday's ETF Movers: XBI, OIH
Related symbols: SRPT, ESPR, FMSA, SLCA, OIH, XBI
KBWB, FTXG: Big ETF Outflows
Related symbols: KBWB, FTXG, PEP, KO
Daily Dividend Report: C, PPG, SWK, MMP, CAG, SJM, WST, TXN, BLK, KMI
Related symbols: C, PPG, SWK, MMP, CAG, SJM, WST, TXN, BLK, KMI
Daily Dividend Report: NTRS, NEM, ALLY, V, SHW, GLW
Related symbols: NTRS, NEM, ALLY, V, SHW, GLW
Daily Dividend Report: UNM, SO, BAX, PEG, CE, AES, CIT
Related symbols: UNM, SO, BAX, PEG, CE, AES, CIT
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
All videos » |
Stock market definitions »
Daily Market Wrap: September 6, 2012
| Market News Video | Copyright © 2008 - 2017, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.